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Turkey stocks lower at close of trade; BIST 100 down 1.69%

Published 05/07/2018, 12:05 PM
© Reuters.  Turkey stocks lower at close of trade; BIST 100 down 1.69%
XU100
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XUSIN
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XMANA
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XILTM
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AKSA
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DEVA
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DOHOL
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EREGL
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FENER
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KRDMD
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Investing.com – Turkey stocks were lower after the close on Monday, as losses in the Basic Metals, Telecoms and Industrials sectors led shares lower.

At the close in Istanbul, the BIST 100 fell 1.69% to hit a new 6-months low.

The best performers of the session on the BIST 100 were Dogan Sirketler Grubu Holding AS (IS:DOHOL), which rose 4.30% or 0.040 points to trade at 0.970 at the close. Meanwhile, Fenerbahce Futbol AS (IS:FENER) added 3.89% or 1.36 points to end at 36.36 and Deva Holding AS (IS:DEVA) was up 3.57% or 0.140 points to 4.060 in late trade.

The worst performers of the session were Aksa Akrilik Kimya Sanayi AS (IS:AKSA), which fell 6.08% or 0.76 points to trade at 11.75 at the close. Eregli Demir ve Celik Fabrikalari TAS (IS:EREGL) declined 5.99% or 0.630 points to end at 9.880 and Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (IS:KRDMD) was down 5.94% or 0.250 points to 3.960.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 275 to 88 and 42 ended unchanged.

Gold Futures for June delivery was down 0.02% or 0.30 to $1314.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.41% or 0.98 to hit $70.70 a barrel, while the July Brent oil contract rose 1.84% or 1.38 to trade at $76.25 a barrel.

USD/TRY was up 0.81% to 4.2639, while EUR/TRY rose 0.49% to 5.0864.

The US Dollar Index Futures was up 0.17% at 92.58.

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